HEDLines – Archive

We wrote in the October 16th and October 19th editions that both Coffee and Sugar were likely to dip but that the longer-term picture remained positive. They did both indeed drop and now we have some new signals to report.…

We wrote in the November 20th edition that we were watching grains to try finding a place to buy some. There have been some new developments so it is now time to try. Prices have been generally depressed, from an already low…

Stocks did a typical range-bound ‘squeeze and dump’ earlier this week, rising to a peak on optimism after the G20 meeting but rapidly falling the next day as details of a truce in the trade war proved sparse. In the Monday…

The short-covering-and-then-drop in stocks yesterday produced another squeeze, in various bonds. The US 30-year had already moved up from a compression that we pointed out in the November 28th edition and now that move has produced an extension: We had suspected…

The overnight spasm of short-covering in stock index futures after the G20 meeting has taken prices back up to the highs of the recent ranges. We have been saying all year that this is the continued condition of these markets, so this…

US stocks have held support, as we suggested was most likely in the November 14th edition, even though the Nasdaq did make slight new yearly lows. We also warned in the same edition that such slight new lows were possible…

While stocks gyrate in a range, there has been little to say about grains for many weeks. It is the time between harvests almost everywhere with a small amount of seasonal planting going on in the Southern hemisphere. Prices are largely…

The trading range continues in US equities, as we suggested would happen at the beginning of the year. The likelihood is that it will persist for yet longer and here we attempt to define its limits. Markets can be erratic and…

Rbob Gasoline futures have been falling along with the other main energy contracts  (except for Natural gas) since the top extension we reported in Crude Oil on October 2nd. There have been a few bottom extensions in energy-related stock indices,…

In the October 10th edition, the last item recommended selling the £. It has fallen quite heavily since then and we think it is time to take profits. These three charts provide the background and argument. The initiating signal was…